Richen Industrial (001218.SZ) reported first-quarter results, net profit of 32.4989 million yuan, a year-on-year decrease of 15.93%
Richen Industrial (001218.SZ) released its report for the first quarter of 2024, with revenue of 838 million yuan, with...
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Investors were disappointed with HUNAN RESUN Co., Ltd.'s (SZSE:001218) earnings, despite the strong profit numbers. We did some digging and found some worrying underlying problems. SZSE:001218 Ear
Richen Industrial (001218.SZ): As of April 19, 2024, the number of shareholders of the company was 14,572
Gelonghui, April 22 | Richen Industrial (001218.SZ) said on an interactive platform that as of April 19, 2024, according to the shareholder register issued by Zhongdeng Company, the number of shareholders of the company was 14,572.
Richen Industrial (001218.SZ): Net profit increased 13.15% year-on-year in 2023, and plans to distribute 6.5 yuan for 10 shares
On April 15, Ge Longhui Industrial (001218.SZ) released its 2023 annual report. Operating revenue was 3.249 billion yuan, up 6.72% year on year, net profit of 136 million yuan, up 13.15% year on year, after deducting non-net profit of 126 million yuan, up 19.17% year on year, with basic earnings of 1.08 yuan per share. A cash dividend of 6.5 yuan is distributed to all shareholders for every 10 shares.
Richen Industrial (001218.SZ): As of March 29, 2024, the number of shareholders was 14,620
Gelonghui, April 1 | Richen Industrial (001218.SZ) said on the interactive platform that as of March 29, 2024, according to the shareholder register issued by Zhongdeng Company, the number of shareholders of the company was 14,620.
Richen Industrial (001218.SZ): As of March 8, 2024, the number of shareholders of the company was 14,641
Gelonghui, March 11 | Richen Industrial (001218.SZ) said on an interactive platform that as of March 8, 2024, according to the shareholder register issued by Zhongdeng Company, the number of shareholders of the company was 14,641.
Richen Industrial (001218.SZ): As of February 29, 2024, the number of shareholders was 14,558
Gelonghui March 1 | Richen Industrial (001218.SZ) said on an interactive platform that as of February 29, 2024, according to the shareholder register issued by Zhongdeng Company, the number of shareholders of the company was 14,558.
Richen Industrial (001218.SZ): Most surfactant production lines can produce LAS, AES, and liquid K12 products
Gelonghui, Feb. 22丨Richen Industrial (001218.SZ) was surveyed by a specific target on February 22, 2024, on “Can the production line flexibly adjust the production ratio of LAS, AES, and K12?” The company replied that most of the company's surfactant production lines can produce LAS, AES, and liquid K12 products, and production can be arranged flexibly according to market demand.
Ritson Industrial (001218.SZ): Overseas business growth in the first half of this year was mainly concentrated in Southeast Asia, the Middle East and America
Gelonghui, February 22丨Richen Industrial (001218.SZ) was surveyed by a specific target on February 22, 2024. “The company's overseas business is growing rapidly. What are the main customers and sales regions? Where does the incremental market for overseas business come from?” The company replied that overseas business growth in the first half of this year was mainly concentrated in Southeast Asia, the Middle East and America. The increase in the company's share of overseas revenue is mainly due to the company's enhanced comprehensive strength, increased brand awareness, active development of new customers in new markets, and expanded demand from existing customers. The company will target countries or regions such as Southeast Asia and America
Richen Industrial (001218.SZ): New surfactant production capacity at the Shanghai base will increase supply to the Yangtze River Delta region and the southwest, Hebei and overseas markets
On February 22, 2024, Gelonghui Industrial (001218.SZ) was surveyed by a specific target audience on February 22, 2024, on “Shanghai's 250,000 ton production capacity has expanded significantly. What are the main sources of the incremental market and customers?” The company replied that after the first phase of Shanghai Aowei's 250,000-ton new green surfactant production base and headquarters construction project was put into operation, it added 120,000 tons of production capacity. The new surfactant production capacity at the company's Shanghai base will increase supply to the Yangtze River Delta region and the southwest, Hebei and overseas markets. The company increases its market share by increasing the supply of high-quality customers; expanding the number of customers
Richen Industrial (001218.SZ): The company's overseas market sales revenue has been growing rapidly in recent years
Gelonghui, Feb. 21丨Richen Industrial (001218.SZ) said at an investor relations event that with the company's production capacity bottleneck, the scale effect becoming more obvious, and the gradual increase in brand recognition in the international market, the company has further increased its international market development efforts, increased product export sales, and participated in global surfactant product market competition. In recent years, the company's overseas market sales revenue has been growing rapidly. The company will target countries or regions such as Southeast Asia and America, determine development plans for overseas markets, and strive to be an excellent supplier in the global surfactants industry.
Richen Industrial (001218.SZ): Annual production capacity of surfactants is more than 400,000 tons, and annual production capacity of washing products is 200,000 tons
Gelonghui, Feb. 21丨Richen Industrial (001218.SZ) said at an investor relations event that the company is based in the field of fine chemicals, and its main business is R&D, production and sales of surfactants and washing products. The company has three production bases in Changsha, Shanghai and Dongguan, with an annual production capacity of more than 400,000 tons of surfactants and 200,000 tons of washing products. The surfactant business is the company's main source of revenue and profit. The leading surfactants' products ranked in the top two in the country in the 2022 industry.
Richen Industrial (001218.SZ): There are currently no plans to plan oleochemical products
Gelonghui January 24 | Richen Industrial (001218.SZ) was surveyed by a specific target on January 24, 2024, on “Does the company plan oil and fat chemical products in the future?” The company replied that the company currently has no plans to plan oil and fat chemical products.
Richen Industrial (001218.SZ): In the future, washing products will expand its own brand and OEM/ODM marketing
Gelonghui, January 24, 丨 Lichen Industrial (001218.SZ) was surveyed by a specific target on January 24, 2024, on “Does the company have plans to carry out OEM/ODM work on surfactants and liquid washing products in the future?” The company replied that the company's washing products have two models: OEM and private brand production. In the first half of 2023, the company achieved revenue of 94.8559 million yuan for washing products, of which the revenue for private brand washing products was 718.281 million yuan, and OEM revenue was 23.277 million yuan. The company will expand its own brands and OEMs in washing products in the future/
Richen Industrial (001218.SZ): Existing surfactant products include AES, LAS, K12, ammonium salts, AOS, amino acid types, etc.
Gelonghui January 24 | Richen Industrial (001218.SZ) was surveyed by a specific target on January 24, 2024. “Please introduce the company's current surfactant varieties and production capacity?” The company replied that the company's current surfactant products include AES, LAS, K12, ammonium salt, AOS, amino acid, etc. In 2022, the company's surfactant production capacity was more than 400,000 tons per year, and the main product output industry ranked in the top two in the country.
HUNAN RESUN Co., Ltd.'s (SZSE:001218) Last Week's 13% Decline Must Have Disappointed Retail Investors Who Have a Significant Stake
Key Insights HUNAN RESUN's significant retail investors ownership suggests that the key decisions are influenced by shareholders from the larger public The top 25 shareholders own 49% of the company
Richen Industrial (001218.SZ): The company is not involved in the medical and aesthetic industry
Gelonghui, January 3 | Richen Industrial (001218.SZ) said on an interactive platform that some of the company's products are used in hair care, skin care cleaners, toothpaste, etc. in the cosmetics industry, and the company has not yet involved the medical and aesthetic industry.
Richen Industrial (001218.SZ): Overseas business growth in the first half of the year was mainly concentrated in Southeast Asia, the Middle East and America
Glonghui, December 20丨Li Chen Industrial (001218.SZ) was surveyed by specific targets on December 20, 2023, on “Does the company share any plans for overseas markets and overseas layout?” The company replied that with the breakthrough of the company's production capacity bottleneck, the increasingly obvious scale effect, and the gradual increase in brand recognition in the international market, the company has further increased its development efforts in the international market, increased product export sales, and participated in global surfactant product market competition. In recent years, the company's overseas market sales revenue has shown a rapid growth trend. The regions where overseas business grew in the first half of this year were mainly concentrated in the Southeast
Lichen Industrial (001218.SZ): As of November 20, 2023, the number of shareholders in the company is 15966
Gelonghui November 23丨Li Chen Industrial (001218.SZ) stated on an interactive platform that as of November 20, 2023, according to the shareholder register issued by Zhongdeng Company, the number of shareholders in the company was 15,966.
Lichen Industrial (001218.SZ): The share of material costs for major surfactant products is relatively stable, with direct materials accounting for more than 90% of production costs
Gelonghui November 17 | Li Chen Industrial (001218.SZ) was surveyed by specific targets on November 17, 2023. Regarding “the impact of raw material prices in the company's industry on profit levels,” the company replied that the share of material costs for the company's main surfactant products was relatively stable, with direct materials accounting for more than 90% of production costs. Changes in the price of main raw materials are one of the important factors leading to changes in unit costs. The company adopts a pricing strategy in which the sales price of products is linked to the purchase price of raw materials. Most of the fluctuations in the price of raw materials are transmitted to the selling price of the product.
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